top of page

Simple.  Transparent.  Aligned with your best interests.

No Hidden Fees

Your finances are complicated enough; your fees should be simple. Main Street Wealth Management was founded to change the way financial advice is delivered. That means not only how advice is provided, but also how it is paid for.
As a fiduciary, fee-only advisor, our pricing is simple and transparent.  We do not have any account minimums, nor do we “sell” products of any kind.  Our clients pay us for ongoing, unbiased, thoughtful advice.

Fee Structure

Our annual fee is 1% of assets under management (AUM) for assets under $500,000.  For assets of $500,000 to $3,000,000 our fee is a flat $5,200.  Above $3,000,000 our fee can range from $5,200 to $15,000 based on the complexity of your situation.  This fee includes both financial planning and investment management services.

For one-time financial planning only engagements, a fixed fee is charged based on what you are looking to accomplish.

A fee structure with your interests in mind

Be careful of the percentage trap – your fees should not go up just because you're more successful. However, this is the most widely accepted terms of engagement if you work with a financial advisor. Why? Because the advisor makes the most money this way, and this is the way it has always been done.

Let’s say you start with a $500,000 portfolio and you are charged 1%. Your fee is $5,000.  By the next year, your portfolio has grown to $600,000 and your fee is $6,000. Your advisor says you would not have seen this increase without their expertise, so you justify the increased cost.

Then, you receive an inheritance of $300,000, making your portfolio $900,000 and leading to a fee of $9,000. That is a 50% increase in fees! Let me share with you a little secret: there is no difference in time or effort to manage a $600,000 portfolio vs. a $900,000 portfolio. 

Down the road, you want to take $400,000 out for a down payment for that vacation house you have been saving up years for, with the help of your advisor. Do you think your advisor is going to be happy with a $4,000 decrease in your fee? The conflict is real, which is why we do it differently.

Sound advice, straightforward pricing.

Start building your wealth today.

bottom of page